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Baxter International

888 hedge funds and large institutions have $15B invested in Baxter International in 2015 Q3 according to their latest regulatory filings, with 90 funds opening new positions, 47 increasing their positions, 751 reducing their positions, and 235 closing their positions.

New
Increased
Maintained
Reduced
Closed

249% more call options, than puts

Call options by funds: $254M | Put options by funds: $72.9M

14% less funds holding

Funds holding: 1,038888 (-150)

52% less capital invested

Capital invested by funds: $31B → $15B (-$16.1B)

62% less first-time investments, than exits

New positions opened: 90 | Existing positions closed: 235

69.65% less ownership

Funds ownership: 154.12%84.47% (-70%)

81% less funds holding in top 10

Funds holding in top 10: 316 (-25)

94% less repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 751

Holders
888
Holders Change
-150
Holders Change %
-14.45%
% of All Funds
24.79%
Holding in Top 10
6
Holding in Top 10 Change
-25
Holding in Top 10 Change %
-80.65%
% of All Funds
0.17%
New
90
Increased
47
Reduced
751
Closed
235
Calls
$254M
Puts
$72.9M
Net Calls
+$181M
Net Calls Change
+$135M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
101
Royal Bank of Canada
Ontario, Canada
$18.1M -$37.7M -994,613 -64%
AIG
102
American International Group
New York
$17.9M -$7.95M -210,134 -28%
SCM
103
SKBA Capital Management
California
$17.5M -$14.5M -382,539 -42%
Bank of Montreal
104
Bank of Montreal
Ontario, Canada
$17.4M -$35.9M -948,632 -64%
RFC
105
Russell Frank Company
Washington
$17.2M -$44.9M -1,185,856 -69%
Axa
106
Axa
France
$16.8M -$191M -5,047,357 -91%
NEI
107
Northwest & Ethical Investments
Ontario, Canada
$16.8M +$19.3M +510,700 New
GT
108
Glenmede Trust
Pennsylvania
$16.8M -$23.7M -624,793 -55%
SFM
109
Soros Fund Management
New York
$16.7M +$19.3M +509,700 New
Chevy Chase Trust
110
Chevy Chase Trust
Maryland
$15.9M -$14.7M -389,429 -45%
MIH
111
Madison Investment Holdings
Wisconsin
$15.5M -$17M -448,237 -49%
BCM
112
Bridgeway Capital Management
Texas
$15.1M +$17.4M +460,800 New
GIA
113
Gateway Investment Advisers
Ohio
$14.9M -$14.7M -388,971 -46%
UBS Group
114
UBS Group
Switzerland
$14.9M -$278M -7,348,248 -94%
Ohio Public Employees Retirement System (OPERS)
115
Ohio Public Employees Retirement System (OPERS)
Ohio
$14.1M -$13.6M -360,435 -46%
SRIM
116
Saratoga Research & Investment Management
California
$14.1M -$14.3M -378,271 -47%
Franklin Resources
117
Franklin Resources
California
$14M -$13.6M -359,569 -46%
DL
118
Delta Lloyd
Netherlands
$13.7M -$13.4M -353,311 -46%
IGIM
119
I.G. Investment Management
Manitoba, Canada
$13.6M -$6.41M -169,206 -29%
State of Wisconsin Investment Board
120
State of Wisconsin Investment Board
Wisconsin
$13.4M -$31.3M -826,371 -67%
Millennium Management
121
Millennium Management
New York
$13.1M -$16.7M -440,444 -52%
BNP Paribas Financial Markets
122
BNP Paribas Financial Markets
France
$13M +$2.64M +69,795 +21%
GF
123
Gabelli Funds
New York
$12.9M -$14.2M -375,594 -49%
AAM
124
Advisors Asset Management
Colorado
$12.9M -$11.9M -314,809 -44%
Citigroup
125
Citigroup
New York
$12.8M -$28.4M -750,310 -66%

BAX Hedge Fund Activity: Q3 2015 in Review

888 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Baxter International (BAX) for Q3 2015, worth a combined $15B — down 52% from $31B a quarter earlier.

Sellers outnumbered buyers: 235 funds closed out of BAX and 90 opened new positions — a net loss of 145 holders — while 751 trimmed existing stakes and 47 added.

The largest buyer was Third Point, adding an estimated $1.76B. The largest seller was Vanguard Group, cutting an estimated $960M.

  • 888 institutional investors held Baxter International (BAX) as of Q3 2015, down from 1,038 in Q2 2015.
  • Funds reported $15B of Baxter International stock for Q3 2015, down 52% quarter-over-quarter.
  • 90 funds opened new Baxter International positions in Q3 2015 and 235 closed out, a net change of -145 holders.
  • The largest Baxter International buyer in Q3 2015 was Third Point, an estimated $1.76B added.
  • The largest Baxter International seller in Q3 2015 was Vanguard Group, an estimated $960M sold.

Based on aggregated 13F filings for Q3 2015.